MVFC SPRL
ActiveThe file of MVFC SPRL contains 2 historical bankruptcy publications, as published in the Belgian State Gazette. The computed 12-month bankruptcy probability is 1.8% (moderate). The 2025 annual accounts show negative equity (€-47k) and a net result of €-20k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 10% of 1043 sector peers (fiscal year 2025).
Checked score
Score 2025
31
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency0=
Growth22=
Track record85
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity ample (current ratio 93.1; short-term debt: 0.9% and cash: 0.4% of total assets), but equity is negative.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-120%
Return on assets
-51.9%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-47k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
27 d late
2024
21 d late
2023
31 d late
2022
27 d late
2021
27 d late
2020
57 d late
2019
69 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€29k▲ 6.7%
2019 · €27k
2018: €129k
2019: €27k
2018 → 2021
EBIT margin
-6.4%▲ 21.6pp
2019 · -28.0%
2018: 3.6%
2019: -28.0%
2018 → 2021
Net result
€-20k▼ 39.7%
2024 · €-14k
2018: €3k
2019: €-9k
2020: €18k
2021: €-2k
2022: €-13k
2023: €-10k
2024: €-14k
2018 → 2025
Working capital
€32k▼ 0.1%
2024 · €32k
2018: €13k
2019: €15k
2020: €29k
2021: €42k
2022: €32k
2023: €32k
2024: €32k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€29k-
Equity€11k-€-2k€-12k▼ 408%€-26k▼ 120%€-47k▼ 76.3%
Operating result€-2k-€-13k▼ 591%€-10k▲ 25.1%€-14k▼ 49.9%€-20k▼ 39.7%
Net result€-2k-€-13k▼ 522%€-10k▲ 25.3%€-14k▼ 49.9%€-20k▼ 39.7%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €20k in 2025 against €14k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €39k
Fixed assets
€7k▼ 38.2%
Current assets
€32k=
Key figures and ratios
EBITDA
€-16k▼
2024 · €-10k
Cash flow
€-16k▼
2024 · €-10k
Solvency
-120.0%▼
2024 · -61.6%
Current ratio
93.10
Quick ratio
0.46▼
2024 · 0.49
Debt / equity
-1.83▲
2024 · -2.62
ROA
-51.9%▼
2024 · -33.6%
Debt
€85k▲
2024 · €69k
Debt ≤ 1 year
€345▲
2024 · €283
Debt > 1 year
€85k▲
2024 · €69k
Staff costs
€7k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€43k€39k▼
Fixed assets21/28€11k€7k▼
Intangible fixed assets21€6k€3k▼
Tangible fixed assets22/27€5k€4k▼
Furniture and vehicles24€638€79▼
Other tangible fixed assets26€4k€4k▼
Current assets29/58€32k€32k=
Stocks and contracts in progress3€32k€32k=
Stocks30/36€32k€32k=
Contracts in progress37€6-
Amounts receivable within one year40/41-€11
Other amounts receivable41-€11
Cash at bank and in hand54/58€139€149▲
Equity and liabilities
Total equity and liabilities10/49€43k€39k▼
Equity10/15€-26k€-47k▼
Contributions10/11€19k€19k=
Capital10€19k€19k=
Issued capital100€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Profit (loss) carried forward14€-47k€-67k▼
Amounts payable17/49€69k€85k▲
Amounts payable after more than one year17€69k€85k▲
Other amounts payable178/9€69k€85k▲
Amounts payable within one year42/48€283€345▲
Other amounts payable47/48€283€345▲
Income statement
Code20242025
Remuneration, social security and pensions62-€7k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€4k▼
Gross operating margin9900€-10k€-10k▲
Operating profit (loss)9901€-14k€-20k▼
Profit (loss) for the period before taxes9903€-14k€-20k▼
Profit (loss) for the period9904€-14k€-20k▼
Profit (loss) for the period to be appropriated9905€-14k€-20k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-47k€-67k▼
Profit (loss) brought forward from the previous period14P€-32k€-47k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 27 days late
2025
31-12
Financial
Weakest financial yearnet €-20k
Net result drops to €-20k, the lowest in the series.
21-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 21 days late
2024
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
27-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 27 days late
2022
31-12
Financial
Liquidity times 16current ratio 124.65
Current ratio from 7.86 to 124.65; short-term debt falls from €6k to €257.
27-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 27 days late
2021
31-12
Financial
Liquidity doublescurrent ratio 7.86
Current ratio from 3.73 to 7.86; short-term debt falls from €11k to €6k.
26-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 57 days late
2020
31-12
Financial
Back to profitnet €18k
Net result €18k after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 3.73
Current ratio from 1.83 to 3.73; short-term debt falls from €18k to €11k.
08-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 69 days late
2019
01-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 1 day late
30-07
Bankruptcy
Bankruptcy reversal
Tribunal de l’entreprise francophone de Bruxelles · MVFC SPRL RUE DES FRIPIERS 15-17/68, 1000 BRUXELLES 1. déclarée le 27 mai 2019 · event 15-07-2019
04-06
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · MVFC SPRL RUE DES FRI- PIERS 15-17/68, 1000 BRUXELLES 1 · event 27-05-2019
2018
04-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Sint-Lambrechts-Woluwe · 1 establishment unit since 2011
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Januarilaan 11200 Sint-Lambrechts-WoluweGround area
2,506 m²
Building footprint
2,259 m²
Volume, LiDAR
29,713 m³
2 parcels, Brussels · tallest building 26.9 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
MVFC
since 20112.209.639.313
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21802B1300/00B000 | Brussels | 2,238 m² | 1 · 2,136 m² | 26.9 m · 4 fl. |
| 21673D0086/00X004 | Brussels | 267 m² | 1 · 123 m² | 14.1 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | ANICET BAUM AV.ARMAND HUYSMANS 212,
1050 FR BRUXELLES 5 |
27-05-2019 → present |
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Of 6,711 companies in sector 96230 we hold annual accounts for 629. 417 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded21-10-2011
Fiscal year end31-12
Activities, NACEBEL
96040Personal service activities
96230Day spas, saunas and steam baths
96022Beauty treatment
96220Beauty care and other beauty treatments
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.